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That's why I told that (It's based on overview article). Most the time, keywords, review and other aspect for the answer. So, the list is not 100% correct and some of "site-casino" is included. Need to be listed by our self as well, since the data is from internet too. The data is from the INTERNET only. Not sure what is the algorithm behind fetching those results but definitely it could not be validated just like that. We should really have less dependency on such results or questions which are vaguely answered based on what "others" have written somewhere on a blog site or review site for that matter. Thanks for this, and it just shows that,
[...]
Not only missing from the list but the list provided is not accurate, Bitvest and many on that list are not on-chain gambling sites, all I know is that on-chain gambling sites it is a smart contract based and you need to connect your wallet, and meta mask is widely used on this, on chain gambling are decentralized, those sites mentioned are centralized and you are under their Term Of Service. This is one of the times that AI could go wrong. AI is one technology that takes up a lot of human building blocks to give accurate results. Yes, it is evolving and far more advanced than what we had last week or before that. However, the reliance on its results is solely based on the write-ups or sometimes gibberish keywords connected with poorly written articles. Yes, Bitvest along with LuckyBet are not really based on on chain. Luckybet apk is mostly designed to work with local data hosting and also majorly focuses on sports betting. Takes very small help from the on chain algo. |
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This news is really interesting and should excite the crypto lover a lot. Since we know that the crypto space is all about a decentralized environment and everything is trusted on the public ledger, the same thing was proven by the recent event of US bank collapse that happened recently. SVB lost its major players which were mostly centralized exchangers. This followed the collapse of USDC the second-largest accepted stablecoin in the market. It lost its dollar ratio and had highly unstable circumstances. Soon after the market got aggregated a whopping 25 billion dollars worth of volume is getting traded or exchanged over a decentralized market. This is recorded high all the way after 2021 trading volume. This is a clear indication that whenever a centralized market is baffled people are moving to a decentralized market to secure their funds. It's clear that if the centralized market is relying on the banks then their funds are not secure and it could create a chaotic situations like FTX and thus everybody thinks their funds are not safe at all. Decentralized crypto exchanges facilitated a record high $25 billion of daily trading volume on Saturday, according to Defi Llama data.
The previous high of $24.3 billion was in May 2021, when bitcoin (BTC) was worth roughly $65,000 and ether (ETH) $4,400.
Trading activity surged on a wave of panic as USD Coin (USDC), the second-largest stablecoin, lost its peg to the dollar following a short-lived banking crisis in the U.S.
The majority of trades took place on decentralized exchange Uniswap, with weekly volume of $31.7 billion. On the Curve protocol, meanwhile, traders rushed to flee USDC – a move that prompted an unbalancing of the protocol's equally weighted stablecoin liquidity pool.
Circle, the company that issues USDC, calmed concerns by reiterating that every USDC token remained backed by one U.S. dollar, despite having $3 billion in exposure to the troubled Silicon Valley Bank.
Volume across the decentralized finance (DeFi) sector has remained high in the wake of the depegging with a weekly increase of 255%, according to Defi Llama.
Traders' confidence in USDC was demonstrated by a surge in on-chain leveraged positions, with $70 million being at risk of liquidation if the stablecoin was to lose its peg again. Decentralized Exchanges Posted Record $25B Daily Volume as USDC Depegged |
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Interesting to know that SEC is not working that effectively these days. All their bragging about having security against investors is such mess and laughable thing right now. They should be shifting their focus on centralised banks rather than decentralised market. Because decentralised market was doing just fine way before the interference of SEC authority. Literally reminds me earlier days when the news was all about how bitcoin is going up and down, we were chilling over beer and making good profits as we hodl. SEC came in and made a mess of everything by imposing unwanted regulations. I find it pitying.
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The first impression is the last, that kinda stuff happened when bitcoin was first introduced into the market. No one had any other coin and all were hunting bitcoin only. With time, it was obvious that it got stuck in the minds of investors. Even I started with the bitcoin in late 2015-16 for that matter and by that time there were hundreds of altcoin projects already available at cents worth pricing. However, I always focused on bitcoin because it was the reason the crypto space was booming at that time.
Nonetheless, trust was another great factor in choosing bitcoin at that time. Other coins were just merely formed and we were interested to have quick profits from them but never considered them trusted assets at all. Basically, Time + Fame + Trust, everything gave birth to that wantedness of the bitcoin and have its possession. Could be reason its still getting accepted over other coins.
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Has anyone ever thought of investing in Bitcoin in previous years, but later left out due to negative though that Bitcoin will not have positive value in time to come.
Let share our experience.
As for me I still regret my actions years back, but I still believe that it's never too late.
I am damn sure I never went back when I entered into bitcoin world. Before entering bitcoin I had many doubts and needed to clarify them all the time. So initially we always had chit chat about the bitcoin every time me and my friends met. Those were our full and final days when we decide out fate with bitcoin and until when it is gonna last. So there was no turning back once we entered into the crypto atmosphere. Whatever ups and downs came to our bitcoin trading or holding period we sorted it technically and kept moving on. Till date I am able to DCA my investment and thus so far I am really good in my position of holding bitcoin. This can only be done with proper planning and dedication upfront. If you gonna enter the bitcoin and then think about the negative sides of it, then its done. It will take great deal of time to come back mate. Play it cool and keep up with the bitcoin as the time flows. |
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I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.
I am not sure why this question is there but obviously, it has got to do with something called an attitude toward their life. If a poor person is not getting rich or let us say they are not growing their lifestyles then definitely they are used to the current one. Such people lose value for good and sometimes they also brag about their poorness everywhere and do nothing about it. I have seen beggars and to be honest, some of them are very young, with good bodies and health yet they would just sit and beg for money. I hate to break it, but they could really get any job they want in the labor line and earn a decent fortune or at least minimum wage. When it comes to poor, you can say they are at least having even better life as compared to the beggars and if they are not doing anything about it, then they are themselves not motivated, don't value their lives that all. |
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That is a good one, the mantra. It keeps your aura fresh and you can continue to be positive even in the worst situations. I find it more comforting when people take on the routine path. Properly set routines can really help us to achieve the impossible.
Well coming back to the morning routine, yes definitely it can boost many things. However, technically speaking we also need to understand how and when trading or particular asset is getting traded. For example, bitcoin might be getting higher volumes in the morning in America where most of the users are doing it. That particular time could be the peak period to have most of the profits from your trade but at the same time eastern hemisphere might be in deep sleep considering the changes in timezones.
So it also depends on your timezone, your country, the volume and timings at that particular time. Do check the factual analysis for these so that you can go ahead with more confidence.
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The more you are skilled the more you will be rewarded and that's true fact. The knowledge should never be underestimated because any labor Vs Skilled employee cannot be compared just like. With these skills, you can always implement a high version of ideas and grow the business to the ultimate levels. If you are going to start a business and ask for the lessons from a practical approach then yes that's gonna work but that will take a lot of time. You will fall, you will stand again and you will fall again, and so on! The question is are you willing to spend that much time instead of spending some time educating yourself with the required skills?
I am pretty sure what the senior said had the above meanings behind it. He just gave you the short story but a meaningful life lesson with that advice. Definitely, you can go with it and earn yourself plenty of time to spend on good things.
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I read this tweet by Michael Saylor and I think it is not practical. I believe this guy was pretty high when he started comparing Bitcoin with Bank. Let's compare most of what he tweeted and then let's discuss the real problem. There it is, that's the problem here, to be honest. Why would anyone compare bitcoin to a bank? Does anyone tell us or wrote any guidelines that bitcoin is made so that we can compete with real-world banks? Satoshi's simply stated that you can be your own bank / or chose to have the freedom of transacting anonymously and without any limits. Those were the premium features that he offered through bitcoin. He never claimed that bitcoin should be used against the banks and compared the benefits. THe vision was simple, have your own bank! We all know the positive aspect of Bitcoin and to an extent, I agree with what he tweeted. I still would like to ask in general: - Can you pay your Mortgage with Bitcoin?
- Can you pay your house rent with Bitcoin?
- Can you pay all your bills with Bitcoin?
- Can you pay your medical bills with Bitcoin?
What's the point here? No one would use bitcoin for those purposes considering the current drive of holding and earning profits with it! In the future we may start having those offerings through stable pricing or a system that will correct the bitcoin deduction as the prices change and have the stability issues resolved. But seriously we don't have to pay all those with bitcoins. |
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I see a lot of people are using ChatGPT for various reasons and with that there are now so many videos how it can help it with writing trading scripts etc. Has someone tried it until now?
I think the previous ChatGPT version was not that much interactive with the complexity of trading. However, there is news coming to that new version of the ChatGPT is in fact 100x more powerful AI tool as compared to what we had earlier. That is really scary to know because it can process far more complex data such as video processing, animation, multiple interactions with left-out chats, and memory of the same. I am definitely sure that trading would be another level achievement for the ChatGPT. It can fetch any sort of information throughout the world and it may just get its hands on insider information and make us win any trade. This is really happening and considering the way this AI is developed the possibilities are endless now. |
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I think your decision was pretty good considering the fact that he did not speak with you at the family reunion. Imagine if he is not that understanding of your decision then how could anyone trust him with the loan payoffs in the future? I hate to break it but your cousin is really selfish and he could just think about his own situation but not yours. Let us say you might have had some troubles at your own end as well but he did not think about it in the first place.
Managing finances is the first rule when you live in this world. If you mismanage it then things could turn out bad. Just like what happened with your cousin. He might have gone rogue on his job, he might not be that good in managing his funds as well that's why he may not have any safe funds to pay the EMI's for a few more months.
Better yet say no in such situation and save yourself.
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That's a pretty small amount of bitcoin they have ceased over the period of time or are they not showing us the real cease because they wanna use it now and then for their internal affairs? Lolz I mean the number is small as compared to what comes in the news regarding the raid of bitcoin all the time from this criminal activity, from that CEO, from that Ponzi scheme, and whatnot! It's not their usual modus operandi. It seems to me that they usually sell them at auctions, as it already happened previously.
In any case, there must be a reason to have sent ~200 million dollars on Coinbase and it seems to me that it was not to play with dolls. They might have decided to just liquidate it over an exchanger and show the public a dump that is on its way. Though I believe from past experiences, 200 million worth of bitcoin gets sold every other day just like that. So this may not be that big dump and it won't affect the current market situation. Nothing to exaggerate here for sure. Testing something, or just looking for another method to sell the bitcoins other than an auctions, while selling not everthing at once of course but by fractions (again, as they ususually do)
Not the right timing to sellI would say...
Good time to sell for them. It can benefit the general public like you and me. If somehow let us say it did aggravate the market with the downward movement then we will have an opportunity to buy at discounted rates. |
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 This has to be a fairly lucky day for me. So I was rolling and this happened. Got 9993 and missed one decimal increment in the next reward. Just "1" man, it was so a tight call, to be honest. Anyways, I am happy that I rolled this number because it was like another whole year to get this much luck. Lolz. Though on the other hand, we are always wanting to roll that 10000 number which is one in million odd for a guy like me who always rolls only the basic reward. Has anyone got lucky today or recently who rolled $200 rewards? Please share and make the community motivated to free roll. On top of this, I have accumulated 300+ spins now. However, I am waiting for them to reach 1000 spins. It ain't easy to hold but the party is on! |
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Academy Awards ceremony is in 16 hours. Make your last bets, guys. Not a financial advice, but I just want to show which odds I personally find attractive.    I mean, these odds are better than on other sites I saw, and I think, all three are the winners. Lately I've seen Yeoh gaining the traction, seeing that she's come a long way. Would be surprising if she wins the title, being the second person of color to do so. It is time to put bets on all three with differences in the number of bets. I don't know this is first time where I am betting on nominee ceremony and have very poor knowledge of the whole thing. I guess I will just adjust two bets here, putting more money on "Everything Everywhere All at once" and then followed by the Jamie lee character. Sounds fair if won any of them. Sometimes it's all about saving your losses than just wining big in return. On the other front, I am seeing insane betting on crypto currencies this time. Highly confused with the bitcoin bet as well since it's nasty volatile this month. I have already taken the window of 22k USD for bitcoin along with the time multiplier so I am good to go throughout the betting sessions combined this month. Are you guys keeping it limited to coins or do you also consider how much you getting across all the bets (kinds and amounts?) |
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I think the person that you mate was high on drugs and he was in the Sauna to respire them out by means of his sweats and thoughts. Lolz.
I am not sure if this is entirely true at all or not but the story looks really made up. That man must be just too much into the crypto I guess and sometimes there are things that will go above your passion and you start making up things to believe in them.
How many times has there been an encounter between the CIA and bitcoin in the past in terms of positive news? If I ever heard anything in the past then it is definitely just bitcoin getting banned, bitcoin getting this lawsuit, it's getting taxed 30%, and what not!
Just forget about that story really. It ain't worth it. Anyways in the past there had been hundreds of conspiracy theories and the list just got bigger by yours.
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The reason behind putting such a harsh title is the reality behind the current financial crisis. In the news today I read an article stating how Silicone Valley Bank which is the 18th most highly popular and strong bank in the country the US has gotten its finances collapsed like crazy. The bank is most involved in tech start-up bank accounts and big to small IT companies. It is also one of the popular banks that lend loans to start-ups in the stated domain. The problem started when the bank was trying to gain capital funding of around 2.25 billion USD for the recovery of loss but failed to do it. There was a cascade of a chain reaction after this leading to the closure of various bank accounts and the pulling of the money into other bank accounts. What it has got to do with the Crypto pace anyways? The notable economist Nouriel Roubini, who rightly predicted the 2008 crisis, has now predicted that if banks like SVB are not foolproof for losses then how one could trust crypto exchanges? He says, banks are far more secure with backups such as bonds, deposit insurance, lender of last resort, and much more. However, crypto exchanges do not have all of this. He also added that we can actually relate to the situation of FTX here and how it failed everyone. I can imagine how bad it is to keep our funds on a crypto exchanger from this incident as well considering this man has stated a few facts about the fund's security. The news covers the whole story of how this collapse happened and what lies before us. The bank, the key lender for tech startups, had run out of liquidity. Its clients (start-ups) had started withdrawing money as funding had stopped from Venture Capitals due to fears of recession. The bank had to sell the government securities at a loss as their value had declined due to high-interest rates.
If Silicon Valley Bank (SVB) can go bust in one day, any exchange or financial scheme in the crypto space can go bust faster, noted economist Nouriel Roubini warned on Saturday. SVB, the 16th largest bank in the US, collapsed in just 48 hours after it tried to raise $2.25 billion to plug a loss caused by the sale of assets, mainly government bonds.
The bank, the key lender for tech startups, had run out of liquidity. Its clients (start-ups) had started withdrawing money as funding had stopped from Venture Capitals due to fears of recession. The bank had to sell the government securities at a loss as their value had declined due to high-interest rates.
Roubini, who had predicted the Great Financial Crisis in 2008, said the crypto exchanges were like banks with massive maturity mismatches and shoddy assets. The crypto exchanges, he added, don't have the liquidity, capital, deposit insurance, and LOLR (Lender of Last Resort) option of real banks. "So cryptosystem in on its way to systemic meltdown," he warned.
Roubini, also known as 'Dr Doom', has been warning investors against buying into crypto which he calls a 'scam'. In January this year, he said literally 99 per cent of crypto is a scam. "A criminal activity. A total real-bubble Ponzi scheme that is going bust," he said while speaking to Yahoo Finance.
He had also said that crypto exchange FTX and its founder Sam Bankman-Fried (SBF) were not an exception — "they're a rule". Founded in 2019, FTX west bust in November last year.
However, some experts say SVB is not a fraud case like FTX and that startups should not panic. There is obvious panic around the sudden collapse of the bank but several startups, which had huge exposure to the bank, could successfully migrate their funds to other banks or neo-banks in time.
Vivek Khandelwal, Founder of iZooto, told Business Today that most companies in the B2B SaaS space have SVB accounts and a lot of them could move a chunk of our funds after Thursday night's tanking of the stock had triggered enough panic.
Amarpreet Kalkat, founder & CEO of Humantic AI, said his California-headquartered startup could successfully pull out funds from SVB. He said his first thought was to support SVB, thinking this would pass but the next thought was that he had a bigger responsibility to 20 people whose livelihood was at stake, and the customers and the investors. "Next two hours were spent in finding a way to transfer the money out (we didn’t have millions but it was still well above the FDIC limit)," he said in a series of tweets.
On Friday, California's financial regulator - the Department of Financial Protection and Innovation or DFPI - took control of SVB, citing "inadequate liquidity and insolvency". The SVB is a state-chartered commercial bank based in Santa Clara and is a member of the Federal Reserve System, with total assets of approximately $209 billion and total deposits of approximately $175.4 billion as of December 31, 2022.
The collapse saga began on March 8 when the bank announced a loss of approximately $1.8 billion from a sale of investments (US treasuries and mortgage-backed securities). The same day, the bank’s holding company announced it was conducting a capital raise. Despite the bank being in sound financial condition prior to March 9, investors and depositors reacted by initiating withdrawals of $42 billion in deposits from the Bank, causing a run on the bank.
As of the close of business on March 9, the bank had a negative cash balance of approximately $958 million, the California regulator said in its possession order. "Despite attempts from the Bank, with the assistance of regulators, to transfer collateral from various sources, the Bank did not meet its cash letter with the Federal Reserve." The regulator said the precipitous deposit withdrawal caused the bank to be incapable of paying its obligations as they came due, and the bank was now insolvent. If SVB can go bust, any crypto exchange can, warns Nouriel Roubini who predicted Great Financial Crisis |
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That's really surprising that someone is still following someone blindly in the crypto market. I can't imagine myself following somebody when I am in the crypto space. In fact, the whole story is the opposite of this and I would care less to copy any investment plan thrown at me just like. Since the beginning crypto has taught me such lessons and made me lose money over time. I have stopped getting advice from anyone in the crypto sphere because it is a game of blame rather than helping out each other. If you not experinced then you should just DCA by using that small % of capital of your total ammount of cash so you not gona run out of cash.
Even the most well known experts can be wrong so newbies tend to be following others blindly just becouse they got 10 trades right doesnt"t mean you can lose all your safeguard.
I am already doing DCA because that's what keeping my BEP to the lowest possible. Having the average below market price is best way to tackle any sort of inflation or bearish trend that hits the market over and over again. In fact I started my DCAing since more than year now and I am doing just well. Only sometimes I am selling my chunks for emergency cases but making sure that I again bring down the prices in my portfolio whenever I see an opportunity out in the bitcoin market. |
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Previously when I published news about Silvergates stating how it is on the verge of collapse and major crypto institutional investors were pulling their money out of the bank thus worsening the situation even further. Now the time has come when Silvergate has finally decided to shut down its business. Is it going too quickly? The answer is no actually. The whole process of shutting down the Silkveragte would need around 2 years of projected time. The reason behind this is very simple, it was the biggest lender around the market and thus they have loans that are under recovery. Due to its collapse, the lender has to regain control of all their paid-out money along with the interests. This is the process that will take another 2 years of the timeline to shut it completely. The FTX really made good businesses go down the sink. It's bad to see players like that, such owners and CEOs must be banned from doing such practices. Shares of crypto-focused companies fell on Thursday after Silvergate Capital Corp disclosed plans to wind down operations and voluntarily liquidate, as the aftermath of FTX's implosion last year reverberates through the industry.
Analysts said a complete closure of the crypto lender could take one or two years depending on how quickly outstanding loans are repaid and assets are disposed of.
Silvergate's latest move adds to a list of high-profile collapses among crypto market players since last year
The company's shares plunged 37% to $3.11, a day after hitting a record low and have lost 64% since March 1 when the company flagged a going concern risk.
"We believe this decision was made, at least in part, to help mitigate Silvergate Bank's legal liability related to FTX's bankruptcy," Wedbush analysts wrote in a note.
Silvergate did not immediately respond to a request for comment on the analysts' view.
Meanwhile, shorting in the shares of Silvergate has proved profitable for bearish investors as its shares have lost 95% of their value in the past 12 months and 72% so far this year. Crypto stocks slide after Silvergate decides to shut down |
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I speculated about this before but I was called an antagonizer and a fud spreader. However, it is here. The Biden administration is pushing out bitcoin mining by making it more difficult to make profit through raising their taxes. They cannot do a blanket ban similar to the Chinese way because America's government structure is less centralized than China's government structure.
On account of this, I speculate that there is a chance that illegal mining and stealing of electrcity might rise in America. Is there a chance that American gangs and cartels might be interested in mining internet money? There would be consequences for sure however we don't know if the sanctions will come to effect that aggressively. In addition, America will have to segregate the unit rate for every state and county based on consumption. They will have to create a cost chart based on the unit consumption. Let us say that the average household is consuming around the 30 units, then electricity board could set that if anything goes above 30 unit then that would be commercial. While mining can eat up even more electricity then they could keep different rates for let us say anything that goes above 100 units. The real question is whether they are going to pay that much money. Simply no, because it won't be profitable at all. So it still need approval. The office knows if they implement such strict window for taxation then eventually miners will shift to crypto friendly nations, where taxes are low or free of charge. They will loos fair amount of business soon. |
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However, what does Time Delay contribute into this? Does increasing the time would get me far more mixed / fresh coins and is it vice versa if I just want my order quickly executed.
The longer the time delay, the harder it is for a blockchain analyst to trace your mixing, so yes, you do get "more mixed" with a longer time delay. For best practices, you should vary your time delay between all transactions to something long but relatively random. If you want it quickly executed, you should stick to some sort of whole-number, like .10BTC or .5 BTC. If you mix something random and specific on a short time delay, like .3821851 BTC on a 30 minute delay, that would be pretty easy to track through the mixing process. Something like .3BTC on a 30 minute delay would be much harder since there are dozens of people sending .3BTC in any given hour, but only one sending your very specific amount of .3821851 BTC. Okay so the longer is time, the more they will keep mixing it with another coins until a fresh batch is produced. This seems reasonable when the amount is big and you are not in hurry to get your coins. The longest I can see is 2 days which can easily help bigger amount. Thanks for the fraction amount and whole amount strategy. But I think it can be more secure with different batches. Let us say I have 0.5 btc to transfer then it would be far more secure if I mix them in batches. For example, 0.1 btc x 5 different mixes or some random whole amounts. That can also add up more anonymous nature to the transactions that I will receive. Cool to know.  |
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